Quotes on Psychology
10 June 2010 - 13:28 pm
The most important single factor in shaping security markets is public psychology. – Gerald Loeb
Wall Street never changes. The pockets change, the suckers change, the stocks change, but Wall Street never changes because human nature never changes. – Jesse Livermore
There is nothing more important than your emotional balance. – Jesse Livermore
There are styles in securities as there are in clothes. A security may be undervalued, but if it is also out of style it is of little interest to the speculator. He is, therefore, compelled to study the psychology of the stock market as well as the elements of real value. – Phil Carret
When events have thinking participants, the subject matter is no longer confined to facts but also includes the participants’ perceptions. The chain of causation does not lead directly from fact to fact but from fact to perception and from perception to fact. - George Soros
Tagged in: carret, chain of causation, clothes, elements, emotional balance, george soros, gerald loeb, human nature, JESSE LIVERMORE, participants, perception, perceptions, pockets, psychology of the stock market, security markets, speculator, stocks, subject matter, suckers, wall street
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